Short Sell Signal for Pair $XRP /USDT - Rejection at Resistance Area!
Entry Price: $2.1620 - $2.1700
Take Profit 1: $2.1350
Take Profit 2: $2.1100
Take Profit 3: $2.0850
Stop Loss: $2.1835
Why Short Sell?
Pair $XRP struggles to maintain momentum after repeated rejection from the resistance area at $2.18. The market has formed a double top with lower highs and is now printing red candles on the 30-minute chart, indicating exhaustion. The price has broken below the $2.16 level and has failed to reclaim it, showing a clear dominance of sellers. The downtrend is likely to continue if it remains below $2.17.
Risk Management Advice: Always use a fixed stop-loss limit and avoid overexposure. If the price reaches $2.1835, cancel the sell order and reassess the situation.
Sell Smart - Don't chase green candles when the trend turns red!$XRP